WIOCC Secures $65M to Expand Africa’s Digital Infrastructure
WIOCC Secures $65 Million Development Financing to Bridge Africa’s Digital Divide Through Infrastructure Expansion
By SerraRi Group
December 19, 2025
African digital infrastructure provider WIOCC Group has secured an additional $65 million in sustainability-linked debt financing from a consortium of development-focused institutions, marking the company’s third major capital raise in 2025 as it accelerates efforts to expand internet connectivity across a continent where only 38% of the population was online in 2024—far below the global average of 68%.
The financing package announced on December 15, 2025, comprises contributions from the International Finance Corporation (IFC) providing $20 million, the Private Infrastructure Development Group (PIDG) committing $15 million through its Emerging Africa & Asia Infrastructure Fund (EAAIF), France’s Proparco contributing $15 million, and investment manager Ninety One adding $15 million. This strategic investment will enable WIOCC to expand its extensive network of high-speed internet and digital infrastructure at a critical moment when improved digital connectivity is seen as vital for entrepreneurs, small businesses, and industries to drive economic growth and job creation across Africa.
Africa’s Persistent Digital Divide Demands Urgent Infrastructure Investment
The significance of WIOCC’s expansion plans becomes clear when examining the stark realities of Africa’s connectivity challenges. According to the International Telecommunication Union’s (ITU) 2024 estimates, released in November, Africa continues to face a persistent digital divide between it and high-income countries, with the continent representing the region with the lowest internet usage rate globally.
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WIOCC’s Proven Track Record and Extensive Infrastructure Footprint
WIOCC Group, which was established in 2008 as the largest investor in the EASSy submarine cable system, has evolved into one of Africa’s leading providers of wholesale hyperscale digital infrastructure. Since its inception, WIOCC has deployed more than $750 million in digital infrastructure, including the linking of open-access data centers via hyperscale connectivity, fundamentally transforming the cost, reliability, and nature of communications across the continent.
The company currently operates an extensive network spanning more than 75,000 kilometers of terrestrial fiber and over 200,000 kilometers of submarine fiber-optic cable, connecting more than 550 locations across 30 African countries. WIOCC is also a key investor and partner in several major subsea cable systems linking Africa to global internet infrastructure, including EASSy (where it holds 28% ownership), WACS, Equiano where it serves as a fiber-pair investor and landing partner in Lagos, and 2Africa, the world’s longest subsea cable system.
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